Tri Pointe Homes® Arizona, a recognized leader serving the Phoenix market for over 30 years under the name Maracay®, has announced the acquisition of 252 acres to build 774 new homes in the Ware Farms planned community, located in the highly sought after San Tan Valley. The more than $27.7 million land transaction fits Tri Pointe Homes’ strategy of building quality, innovative … [More]
Local Hair Cutting Shop Opens Flagship Location at Desert Ridge
The locally-owned men’s hair salon Keep It Cut, notable for its unique membership format, is hosting the grand opening of its Desert Ridge Marketplace location on April 25. The new location at 2100 North Tatum Boulevard, Suite 16-1006 will serve as the chain’s flagship shop, with 100% of revenue from the business’ first week (April 25 to May 1) being donated to the Human … [More]
Walmart Raises Driver Pay for Nearly 370 Arizona Truck Drivers
Walmart recently announced they are raising pay for its private fleet of truck drivers, including the nearly 370 truck drivers in Arizona. Additionally, they are also launching a new fleet development program to train the next generation of drivers. Together, these investments will ensure Walmart remains one of the best companies in the world to drive for and will help them … [More]
Work Starts on One-Million-Square-Foot Central Station High-Rise in Downtown Phoenix
Medistar Corporation, GMH Communities, and CBRE Investment Management were joined by Phoenix Mayor Kate Gallego, Vice Mayor Laura Pastor, Councilwoman Yassamin Ansari, and an audience of business and community representatives, to celebrate the ceremonial groundbreaking of Central Station, a dynamic one-million-square-foot mixed-use development that will sit adjacent to Civic … [More]
Polestar Cars Moves Into Permanent Home in Scottsdale
Polestar, the premium electric performance car maker, today opened a new retail location – known as a Polestar Space – in Scottsdale, Arizona. The new showroom offers sales, service, and test drives of the all-electric Polestar 2 performance fastback. Polestar Scottsdale is located in the Scottsdale Fashion Square Mall at 7014 East Camelback Road, and is operated by Courtesy … [More]
Wave Neuroscience Partners with Arkos Health to Expand & Bring Braincare Optimization Services to Arizona
Wave Neuroscience today announces its partnership with Arkos Health — a risk-bearing medical group delivering virtual and in-home clinical services under value-based arrangements — to increase access to vital mental health services, offering its at-home Braincare™ technologies to Medicaid beneficiaries in Arizona. The program will launch on May 2nd in Maricopa, Pima, Pinal and … [More]
Smooth Sailing for Phoenix’s Office Developments
Office construction continued steadily across Greater Phoenix in February, according to CommercialEdge, with no additions to the metro’s pipeline. Some 2 million square feet of space were underway in The Valley, accounting for 1.5 percent of stock. All current developments are slated for completion throughout 2022. Most projects will add traditional office space to The … [More]
First Quarter Bankruptcy Filings Dip Dramatically
Arizona recorded a dramatic drop in middle market business bankruptcy and receivership filings during the first quarter of 2022, according to data in the Resolute Index, a bankruptcy report published today by Resolute Commercial Services. The Grand Canyon State recorded only two middle market bankruptcies and one middle market receivership, a 67% decrease in middle market … [More]
Artisan Bakery and Restaurant Opens 16th Valley Location
Wildflower, the 25-year beloved Arizona brand known for its award-winning food and handcrafted artisan breads, announces its newest location in the West Valley. Located in the Park West shopping complex in Peoria, the new restaurant officially opens on Tuesday, May 3 with three days of community events leading up to the grand opening. Wildflower Park West is more than 4,500 … [More]
Industrial Park Breaks Ground in Peoria, Attracts Top Tenants
VanTrust Real Estate, LLC, a full-service commercial real estate development company, broke ground on Phase I of the 150-acre Peoria Logistics Park, which will consist of up to eight buildings. The project represents the largest Class A industrial park to be developed in the Peoria submarket. Peoria Logistics Park is located just two miles east of the Loop 101 at the … [More]
Multifamily Creative Agency Launches New Podcast
Envida Social, the nation’s leading female-founded multifamily marketing agency, has launched The Brick and Market podcast. Airing weekly, the podcast will give the lowdown on leasing up in the multifamily industry by covering tips, trends, and insights from Envida experts, as well as featured guests. “We’re very excited to roll out The Brick and Market and provide … [More]
Health Sciences Center Coming to Phoenix
Phoenix will soon harbor a new University of Arizona Health Sciences research facility. Once completed, The Center for Advanced Molecular and Immunological Therapies (CAMI) will serve as a health sciences hub for the study of the immunology of cancers, infectious diseases and autoimmune conditions. CAMI will anchor the 30-acre Phoenix Bioscience Core, the planned 6 … [More]
BioProcure Announces Office Expansion to Chandler
BioProcure, the premier procurement and accounts payable services company for biotech companies, announced today its expansion to a temporary office in Chandler, Arizona. BioProcure expects the temporary office to be operational in April 2022 with plans to establish a permanent Arizona location by 2023. BioProcure will be located within Workpliciti, which is a flexible office … [More]
Buckeye’s Largest Industrial Complex Development Is Underway
The 145-acre project, titled Buckeye I-10 Logistics, is the largest industrial complex under development along Buckeye’s I-10 frontage Freeway, just west of Verrado Way. The industrial park will be constructed with over 2.2 million square feet of industrial space. The 641,000 square foot phase I building has already broken ground with completion expected before the end of 2022. … [More]
Arizona-Based Real Estate Investment Firm Sells Seven Properties for $345M
Scottsdale-based ReNUE Properties announced the official sale of its affordable housing portfolio to Starwood Real Estate Income Trust for $345 million. The deal, which includes seven properties across metropolitan Phoenix, is the largest affordable housing transaction in the state’s history. The transaction, which will be executed in phases beginning with the closing of … [More]
Banner MD Anderson Marks Major Expansion with $19.5M Project in Phoenix
Banner MD Anderson Cancer Center this week marks the completion of its $19.25 million expansion on the Banner – University Medical Center Phoenix campus, to meet the community’s growing demand for more services to treat the disease. “This greatly increases our ability to improve patient experience by expanding our services to provide comprehensive, high-quality cancer care … [More]
ViaWest Group and Nicola Wealth Real Estate Team Up to Develop 20.77 Acres in Mesa
ViaWest Group and Nicola Wealth Real Estate have purchased a 20.77 Acre industrial development site in Mesa for $9.692 million. The development known as Advanced Industrial Park will be comprised of three single-loaded Class A industrial buildings. Building A will be 122,690 SF, Building B will be 131,737 SF, and Building C will be 80,639 SF, with a total rentable square … [More]
77% of Homeowners and Renters Support Adding More Housing Options, Says Survey
There is broad support to allow backyard cottages, duplexes and triplexes in residential neighborhoods, according to a new Zillow survey covering 26 U.S. metropolitan areas struggling with housing affordability. The new research found that 77% of all homeowners and renters surveyed voiced support for construction of either new accessory dwelling units (ADUs), duplexes, or … [More]
